Summary

Spirits in Asia-Pacific

Summary

Spirits in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The spirits market consists of the sale of whiskey, vodka, brandy, liqueurs, rum, gin & genever, and others. The scope of others includes tequila & mezcal, local spirits, and non - alcoholic spirits drinks.
- The Asia-Pacific spirits market recorded revenues of $265,601.3 million in 2024, representing a negative compound annual growth rate (CAGR) of 5.3% between 2019-24.
- Market consumption volumes declined with a negative CAGR of 2.5% between 2019-24, reaching a total of 14,307.8 million liters in 2024.
- The contraction of the Asia-Pacific spirits market during 2019-24 as domestic production and sales volumes of spirits declined, as overall consumption patterns change, with younger and more health-conscious consumers drinking less strong liquor and more diverse, lighter alcoholic alternatives, while traditional banquet and gifting occasions that used to drive high-end spirits have diminished under cultural and economic pressures.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spirits market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spirits market in Asia-Pacific
- Leading company profiles reveal details of key spirits market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific spirits market with five year forecasts

Reasons to Buy

- What was the size of the Asia-Pacific spirits market by value in 2024?
- What will be the size of the Asia-Pacific spirits market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific spirits market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's spirits market?

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Table of Contents

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List of Tables/Graphs

List of Tables
Table 1: Asia-Pacific spirits market value: $ million, 2019-24
Table 2: Asia-Pacific spirits market volume: million liters, 2019-24
Table 3: Asia-Pacific spirits market category segmentation: % share, by value, 2019-24
Table 4: Asia-Pacific spirits market category segmentation: $ million, 2019-24
Table 5: Asia-Pacific spirits market geography segmentation: $ million, 2024
Table 6: Asia-Pacific spirits market distribution: % share, by volume, 2024
Table 7: Asia-Pacific spirits market value forecast: $ million, 2024-29
Table 8: Asia-Pacific spirits market volume forecast: million liters, 2024-29
Table 9: Asia-Pacific spirits market share: % share, by volume, 2024
Table 10: Diageo Plc: Key Facts
Table 11: Diageo Plc: Annual Financial Ratios
Table 12: Diageo Plc: Key Employees
Table 13: Hite Jinro Co Ltd: Key Facts
Table 14: Hite Jinro Co Ltd: Annual Financial Ratios
Table 15: Hite Jinro Co Ltd: Key Employees
Table 16: Thai Beverage Public Co Ltd: Key Facts
Table 17: Thai Beverage Public Co Ltd: Annual Financial Ratios
Table 18: Thai Beverage Public Co Ltd: Key Employees
Table 19: Pernod Ricard SA: Key Facts
Table 20: Pernod Ricard SA: Annual Financial Ratios
Table 21: Pernod Ricard SA: Key Employees
Table 22: Asia-Pacific Exchange Rate, 2019-24